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09-13-2017, 10:36 AM #1Karen37aGuest
I just hope I am not here in the year 2030 saying...in 2017 there was a hurricane harvey and then irma crippled some small funders , stopped payments on some merchants and slowed down the funding for many
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09-13-2017, 10:41 AM #2
Bull Crap!
I wouild never work for an ISO. I came in this biz with hard core cold calling expericnce and hard core door knocking experience. I produced within my first two weeks. The bottom line is that any good rep will start out solo or eventually leave an ISO to start his own thing.
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09-13-2017, 01:30 PM #3Karen37aGuest
Are you agreeing with what I said? That most brokers will create their own iso unless their is something of value to make them stay?
unfortunately as I have said in the past...some think they are the "cats meow" and will not be here in a few months for numerous reasons they have not thought of yet # 1 holding onto your book of business
( not you, although you are lucky you didn't bet me on cold calling, id be repossessing your car for payment of the bet lol)
Id take 70-75% in a heart beat and give up the rent payments, cost of leads, computers, crm,phone system, electricity and underwriting drama/broker drama( time and sweat equity)...to someone who could out close and get the deals pushed thru, then hang onto them thru renewals.
I was literally passing out in my office once and my brokers said "what will happen if you die"...they didn't care that i died, just that I wouldn't be placing their deals. To this day they still say" well you never answered, who will place the deals". I said so and so..they said he sucks ( they do not realize I am TOing the back end and saving the sales, or they do and wont acknowledge it because they think they may lose a point)
I do not need 30 % of a big mouth brokers commission...pass. ( with all the bad paper, drama and Liability associated to it)Last edited by Karen37a; 09-13-2017 at 02:02 PM.
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